Governments provide public infrastructures, such as vast systems of transportation, communications including regulation of the Internet, and waterways and power lines which are crucial for business operations. correct answers True
In the 1980's, the deregulation of the savings and loan industry ...
PA 3150 ch 1-13 || with Accurate Answers 100%.
Governments provide public infrastructures, such as vast systems of transportation, communications including regulation of the Internet, and waterways and power lines which are crucial for business operations. correct answers True
In the 1980's, the deregulation of the savings and loan industry is an example of a highly successful reform initiative sponsored by government. correct answers False
_____________ can only flourish when the political and legal systems are strong and reliable, which is a fundamental purpose of government. correct answers Business contracts
Although significant, market forces are not as important for the public sector (government) as they are for the private sector. correct answers True
When public education is provided by the government, the text calls that role: correct answers Social architect
According to Roger Porter, in the United States the government business relations has shown a patter of: correct answers Remarkable stability with respect to the economic, legal, and institutional framework
Governments at all levels across the globe play various important roles with business. correct answers True
Both private sector companies and government agencies provide: correct answers products and services
Reducing _____ is a fundamental strength of the public sector. correct answers Risk
According to the text, what is an example of the "ugly" that is used when the government is given a nearly impossible task and is often attacked on arguments not based on factual informaton. correct answers Prisons
Public safety and defense are considered the two oldest roles that government. correct answers True
The private sector harnesses the dynamic energy of correct answers market capitalism
The following would be considered proponents of a free market approach (neoliberalism): correct answers Adam Smith, Milton Friedman, and Republicans generally
Public safety and defense are considered the two oldest roles that government. correct answers True Individual entitlements makes up about 45% of the federal government budget correct answers True
The public sector reforms itself internally correct answers True
An area that would be considered a strength (dubbed 'the good") of government is: correct answers Providing economic stability
There has been considerable growth in the number of governments because of an increase in school districts throughout the United States. correct answers False
Which of the following reforms attempted to streamline the red tape hampering many federal agencies, while simultaneously requiring greater documentation of, and accountability for, policy
results from those agencies? correct answers 1993 Government Performance and Results Act
In the United States, there are approximately how many governments? correct answers 89,000
The greatest growth in the workforce has been in the federal government, followed by state government, and the least would be at the local government level since WWII. correct answers False
Health care spending is considered the largest category in California State government. correct answers True
In the early republic, who advocated for a mercantilist approach, which meant a more active role of government. correct answers Alexander Hamilton
Which of the following reforms attempted to streamline the red tape hampering many federal agencies, while simultaneously requiring greater documentation of, and accountability for, policy
results from those agencies? correct answers 1993 Government Performance and Results Act
Thomas Hobbes pointed out that government is more than a fact of life; it is a necessity. correct answers True
Federal regulation of business in the U.S. has always been extensive. correct answers False
President Roosevelt established the US Securities and Exchange Commission (SEC) in 1934 to. correct answers regulate the stock market and prevent corporate abuses in security offerings, sales, and financial reporting
The Moderate-Sized Government Era is defined as the period from 1987 to 1999, correct answers False
The Food and Drug Act was initiated in 1906, in part due to the public outrage over correct answers unsanitary meatpacking conditions The Gilded Age, with its unequal wealth distribution and increasing government corruption in the late 1800s, led to the Progressive Era, a period which focused on both reforming and expanding government. correct answers True
The Moderate-Sized Government era was a period of great economic expansion overall that ended in the Great Depression. correct answers True
Governments in the U.S. were relatively uninvolved in the development of transportation infrastructure in the nineteenth century correct answers False
Government is larger today, largely because the roles that we expect it to play are much more expansive. correct answers True
Government as purchaser grew in the Era of Big Government, especially due to the continuing cost of military equipment and military services. correct answers True
Which agency is the best example of one designed to be a safeguard against risk? correct answers Federal Emergency Management Agency (FEMA)
Fannie Mae, created to facilitate home sales by insuring mortgages, was originally a government-sponsored enterprise, was privatized and became a publicly traded company, and reported record profits because of the Great Recession of 2008. correct answers False
The most significant role government played with business during the 1830s was the active development of correct answers the railroad system.
_______________ coincided with the Articles of Confederation and was relatively short-lived, stretching from 1781 to 1787. correct answers The Anti-Central Government Era
The Small Government Era lasted from 1787 to 1887. correct answers True
The Era of Moderate-Sized government was the time of greatest expansion through military affairs and land purchases. correct answers False
______________ led in a period of government involvement in business affairs through President Franklin D. Roosevelt's New Deal policies. correct answers The Great Depression
Our parks system is one of the best in the world. It was created in the Era of Big Government. correct answers False
Under the prevailing Anti-Central Government sentiment, the powers of government were initially extremely limited at the founding of the republic under the Articles of Confederation. correct answers True
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